Stichting Hokisa Nederland

Annual Report 2003

January 2004
This report contains 6 pages


1 Report of the Board of directors 1
2 Balance sheet 31 December 2003 2
3 Income statement 3
4 Notes to the financial statements 4
4.1 Balance sheet 4
4.2 Income statement 4
4.3 Appropriation of result 4

1 Report of the Board of directors
Stichting Vrienden van HOKISA in Nederland (HOKISA Netherlands) has started its activities in 2002. The Board of directors consists of the following members:

Dineke Koerts - President
Vera Habers - Secretary
Jacobina Brinkman - Treasurer
Els Schellekens - Member
Ineke Verwey - Member
Constance Vos - Member
The goal of HOKISA Netherlands is:

Create support for AIDS orphans in South Africa, who lost their parents through AIDS and who are partly HIV-positive themselves
Develop (charitable) activities to raise money for the Homes for Kids in South Africa (HOKISA South Africa), a non-profit organisation registered under number 2001/010042/08, section 21 Companies Act of South Africa 1973.
Develop involvement of the Dutch society with people in South Africa who are infected with the HIV/AIDS virus through providing information about relevant projects.
The official founding of HOKISA as an Association (Stichting) took place in May 2003.
The relationship between HOKISA Netherlands and HOKISA South Africa is laid down in an agreement of cooperation. This agreement includes a condition that all collected money is send to HOKISA South Africa without deduction of any administrative costs. HOKISA South Africa also will give the collected money without any administrative costs to the chosen projects.
During 2003 the activities of HOKISA Netherlands were focused on fund raising by building a network of Friends of HOKISA in the Netherlands. In total EUR 23.089 was donated by Friends in 2002, includes subsidies from companies and institutions.
In 2004 HOKISA Netherlands plans to further enlarge its network of Friends and to investigate possibilities to qualify for other grants and financial aid from subsidizers and companies.
More information on the activities of HOKISA in the Netherlands and South Africa and the HOKISA home in Masiphumelele, South Africa can be found on:

2 Balance sheet 31 December 2003
31 December 2003 31 Deccember 2002

Current assets
Inventory 1.078 -
Cash at bank 3.880 1.869

Total Assets 4.958

Current liabilities

Payable to South Africa 4.958 1.869

3 Income statement
2003 2002

Donations Friends of HOKISA Netherlands 23.089 8.879
Royalties and fees received - 3.000

23.089 11.879
Transferred to South Africa 20.000 10.000
Bank costs - (10)

Result 3.089 1.869

4 Notes to the financial statements
4.1 Balance sheet
Assets and liabilities are presented at nominal value.
Inventory includes HOKISA postcards available for sale.
Cash at bank
This represents the current account at the Postbank.
Payable to HOKISA South Africa
Donations received that have not yet been transferred to HOKISA South Africa are recorded as current liabilities.
4.2 Income statement
Donations and transfers are recorded in the income statement on a cash-basis. In accordance with article 3.2 of its statute the foundation incurs no costs, unless approved by a majority of the Board of Directors.
This represents donations received from Friends HOKISA Netherlands and the royalties and fee received from Lutz van Dijk regarding his books and lectures.
Transferred to South Africa

Money that has been transferred to South Africa during the reporting period has been deducted from current year result.
4.3 Appropriation of result

In accordance with Article 3.2 of the statute of HOKISA Netherlands, the result of 2003 will be transferred to HOKISA South Africa. The money will be transferred without deduction of any administrative costs.